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Saudi Arabia’s MDLBEAST unveils ‘A Thousand And One’ festival concept featuring electronic music, immersive storytelling
The creator of the XP Music Futures conference will host the new festival concept in April in Riyadh. Source...
AI unicorn Anthropic raises another $3.5bn, boosting valuation to $61.5bn
The Series E round was led by Lightspeed Venture Partners, also an investor in Stability AI and AI music generator Suno Source...
Superstruct’s UK company revenues jumped 26% to $222m in 2023 – the year before firm was acquired by KKR in a $1.4bn deal
Company swung to an operating loss of £33.26 million Source...
Hazel Savage joins electronic music education platform Syntho as CEO
Platform was founded by DJ and producer Josh Baker in 2020 Source...
‘Our strategy involves pulling every lever possible to maximize an artist’s career.’
MBW's Trailblazers series meets Leander Kirschner, founder and CEO of Berlin-based independent music company Bamboo Artists. Source...
Duetti raises $200m in debt funding; expands into publishing catalog deals for indie artists and songwriters
Company’s total raised to date – including equity financing, debt financing, and asset-backed securities (ABS) sales – comes to $435m Source...
Colin Rice appointed Director, Catalogue Marketing at Chrysalis Records
Chrysalis Records, which is part of the Reservoir group of companies, has hired former senior Sony executive Colin Rice to the position of Director, Catalogue Marketing. Based in the company’s Londo...
SM Entertainment to train aspiring K-pop stars in Singapore — for a $10,000 fee
The program will include a week-long training stint at SM Universe’s main campus in Seoul Source...
Reddit Co-Founder Alexis Ohanian joins Frank McCourt’s ‘People’s Bid’ to buy TikTok
"I've spent my entire career building tech that puts power back in people's hands - that's what got me excited about The People's Bid" Source...
Adam Holt to retire as MD of Universal Music New Zealand; Myra Hemara and Matt Kidd promoted to Co-MDs
Holt has spent a total of 34 years with the company Source...
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